Form 8302

(Rev. November 2018)

Department of the Treasury 

Internal Revenue Service 

Electronic Deposit of Tax Refund of $1 Million or More 

▶ Attach to your income tax return (other than Forms 1040, 

1120, or 1120S), Form 1045, or Form 1139.

▶ Go to www.irs.gov/Form8302 for the latest information.

OMB No. 1545-1763

Name(s) shown on income tax return Identifying number 

Name and location (city, state) of bank Taxpayer’s phone number 

1 Method of deposit (one box must be checked) Direct deposit Fedwire

2 Routing number (must be nine digits). The first two digits must be between 01 and 12 or 21 through 32. 

3 Account number (include hyphens but omit spaces and special symbols): 4 Type of account (one box 

must be checked): 

Checking Savings

General Instructions 

Section references are to the Internal 

Revenue Code unless otherwise noted.

Purpose of Form 

File Form 8302 to request that the IRS 

electronically deposit a tax refund of $1 

million or more directly into an account 

at any U.S. bank or other financial 

institution (such as a mutual fund, credit 

union, or brokerage firm) that accepts 

electronic deposits. 

The benefits of an electronic deposit 

include a faster refund, the added 

security of a paperless payment, and the 

savings of tax dollars associated with the 

reduced processing costs. 

Who May File 

Form 8302 may be filed with any tax 

return other than Form 1040, 1120, or 

1120S to request an electronic deposit 

of a refund of $1 million or more. You are 

not eligible to request an electronic 

deposit if: 

• The receiving financial institution is a 

foreign bank or a foreign branch of a 

U.S. bank, or 

• You have applied for an employer 

identification number but are filing your 

tax return before receiving one. 

If Form 8302 is filed with Form 1045, 

Application for Tentative Refund, or 

Form 1139, Corporation Application for 

Tentative Refund, both of which allow for 

more than one year’s reporting, 

electronic deposits may be made only 

for a year for which the refund is at least 

$1 million. 

Note: Filers of Form 1040 must request 

a direct deposit of refund by completing 

the account information on that form. 

Filers of Forms 1120 or 1120S must 

request a direct deposit of a refund 

using Form 8050, Direct Deposit of 

Corporate Tax Refund. This includes a 

request for a refund of $1 million or 

more. 

Conditions Resulting in a 

Refund by Check 

If the IRS is unable to process this 

request for an electronic deposit, a refund 

by check will be generated. Reasons for 

not processing a request include: 

• The name on the tax return does not 

match the name on the account. 

• You fail to indicate the method of deposit 

to be used (direct deposit or Fedwire). 

• The financial institution rejects the 

electronic deposit because of an 

incorrect routing or account number. 

• You fail to indicate the type of account 

the deposit is to be made to (checking or 

savings). 

• There is an outstanding liability the 

offset of which reduces the refund to 

less than $1 million. 

• You are subject to the Treasury Offset 

Program (TOP) and fail to indicate direct 

deposit as the method of deposit to be 

used.

How To File 

Attach Form 8302 to the applicable 

return or application for refund. To 

ensure that your tax return is correctly

processed, see Assembling the Return in 

the instructions for the form with which 

the Form 8302 is filed. For Forms 1045 

or 1139, attach a separate Form 8302 for 

each carryback year. 

Specific Instructions 

Identifying number. Enter the employer 

identification number or social security 

number shown on the tax return to which 

Form 8302 is attached. 

Line 1. Direct deposit is an electronic 

payment alternative that uses the 

Automated Clearing House (ACH) 

system. Fedwire is a transaction-bytransaction processing system designed 

for items that must be received by 

payees the same day as originated by 

the IRS. 

When there is a verified potential that 

the tax refund will be applied to a debt 

owed to a particular agency, a Fedwire 

deposit will be rejected due to the offset. 

To receive an electronic deposit, elect to 

use the direct deposit method of deposit 

instead of Fedwire.

Line 2. Enter the financial institution’s 

routing number and verify that the 

institution will accept the type of 

electronic deposit requested. See the 

Sample Check 

ABC Corporation 

123 Main Street

Anyplace, NJ 07000 

Routing 

number 

(line 2) 

Account 

number 

(line 3) 

Note: The routing and account numbers may be in different places on your check.

For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 62280S Form 8302 (Rev. 11-2018) 
Form 8302 (Rev. 11-2018) Page 2 

Sample Check for an example of where 

the routing number may be shown.

▲!

CAUTION

Check with your financial 

institution, if necessary, to 

verify that the routing number 

entered on line 2 is correct. 

For accounts payable through a 

financial institution other than the one at 

which the account is located, check with 

your financial institution for the correct 

routing number. Do not use a deposit 

slip to verify the routing number. 

Line 3. Enter the taxpayer’s account 

number. Enter the number from left to 

right and leave any unused boxes blank. 

See the Sample Check for an example of 

where the account number may be 

shown. 

Privacy Act and Paperwork Reduction 

Act Notice. We ask for the information 

on this form to carry out the Internal 

Revenue laws of the United States. You 

are required to give us the information. 

We need it to ensure that you are 

complying with these laws and to allow 

us to figure and collect the right amount 

of tax.

You are not required to provide the 

information requested on a form that is 

subject to the Paperwork Reduction Act 

unless the form displays a valid OMB 

control number. Books or records 

relating to a form must be retained as 

long as their contents may become 

material in the administration of any 

Internal Revenue law. Generally, tax 

returns and return information are 

confidential, as required by Code section 

6103.

The time needed to provide this 

information may vary depending on 

individual circumstances. The estimated 

average time is:

Recordkeeping . . . . 1 hr., 40 min.

Learning about the law 

or the form . . . . . . . 30 min.

Preparing and 

sending the form . . . . . 33 min.

If you have comments concerning the 

accuracy of these time estimates or 

suggestions for making Form 8302 

simpler, we would be happy to hear from 

you. You can send us comments 

through www.irs.gov/FormComments. 

Or you can write to the Internal Revenue 

Service, Tax Forms and Publications, 

1111 Constitution Ave. NW, IR-6526, 

Washington DC 20224. Do not send 

Form 8302 to this address.